The minister was expected to present the estimates to Parliament on July 22, but, some Members of Parliament (MPs) had
a challenged with the date as they had to attend the funeral of the late MP for Abetifi, Peter Wiafe Pepera.
Mr Terkper is expected to review underward most of the macroeconomic targets set out in the 2016 budget presented to Parliament last year, November .
The revenue target of GH¢38 billion and the expenditure target will also be revised. So will the benchmark price for crude oil. The supplementary budget will also, give details on revenue raised for the first half of the year, and possibly the revised target for the rest of the year.
It also gives details on government's expenditure for the first six months of the year and the next half of 2016.
He will also be seeking approval to spend new revenues collected the energy sector levy. Many will be looking forward to seeing some of the policy measures that the minister will also announce to help convince investors and donors that government is committed to stabilizing the economy.
Citizens are keen to know the way forward on the proposed amendments made by the IMF to the Bank of Ghana Act, as well as an update on plans to raise the country's fourth Eurobond possibly in the last quarter of this year.
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